Challenge Financial Investors Mortgage Lending & HMDA Data, 2006
In 2006, Challenge Financial Investors of Saint Petersburg, FL reported 4,370 mortgage applications totaling $748.3 million, up 192% from 2005. The average application was for $171,233, and applicants reported an average income of $84,451. 57% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (422), Washington-Arlington-Alexandria, DC-VA-MD-WV (272) and Chicago-Naperville-Joliet, IL (156) (applications in parentheses).
| Mortgage Company & Address | Challenge Financial Investors 360 Central Avenue Suite #600 Saint Petersburg, FL 33701 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,370 |
| Total Mortgage Loan Application Amount | $748,290,000 |
| Average Mortgage Loan Application Amount | $171,233 |
| Highest Mortgage Loan Application Amount | $3,015,000 |
| Average Applicant Income | $84,451 |
| Highest Applicant Income | $2,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Challenge Financial Investors filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Atlanta-Sandy Springs-Marietta, GA | 422 | $ 64,298,000 | $ 152,364 | $ 83,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 272 | $ 72,650,000 | $ 267,095 | $ 100,613 |
| Chicago-Naperville-Joliet, IL | 156 | $ 29,172,000 | $ 187,000 | $ 86,000 |
| Tampa-St. Petersburg-Clearwater, FL | 130 | $ 22,787,000 | $ 175,284 | $ 85,000 |
| Baltimore-Towson, MD | 122 | $ 21,133,000 | $ 173,221 | $ 71,000 |
| St. Louis, MO-IL | 93 | $ 12,519,000 | $ 134,612 | $ 131,870 |
| Detroit-Livonia-Dearborn, MI | 82 | $ 8,419,000 | $ 102,670 | $ 77,000 |
| Orlando-Kissimmee, FL | 77 | $ 15,878,000 | $ 206,207 | $ 87,000 |
| Phoenix-Mesa-Scottsdale, AZ | 71 | $ 15,724,000 | $ 221,464 | $ 76,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 67 | $ 15,486,000 | $ 231,134 | $ 93,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 64 | $ 10,970,000 | $ 171,406 | $ 69,000 |
| Charlotte-Gastonia-Concord, NC-SC | 60 | $ 6,958,000 | $ 115,966 | $ 66,400 |
| Warren-Troy-Farmington Hills, MI | 60 | $ 8,932,000 | $ 148,866 | $ 87,000 |
| Indianapolis-Carmel, IN | 59 | $ 5,866,000 | $ 99,423 | $ 70,000 |
| Memphis, TN-MS-AR | 59 | $ 7,396,000 | $ 125,355 | $ 106,779 |
| Edison, NJ | 58 | $ 15,848,000 | $ 273,241 | $ 108,000 |
| Miami-Miami Beach-Kendall, FL | 54 | $ 13,042,000 | $ 241,518 | $ 102,000 |
| Kansas City, MO-KS | 48 | $ 6,974,000 | $ 145,291 | $ 88,937 |
| Philadelphia, PA | 48 | $ 7,842,000 | $ 163,375 | $ 75,000 |
| Camden, NJ | 47 | $ 7,789,000 | $ 165,723 | $ 66,000 |
| Sarasota-Bradenton-Venice, FL | 45 | $ 9,476,000 | $ 210,577 | $ 86,000 |
| Cleveland-Elyria-Mentor, OH | 42 | $ 4,187,000 | $ 99,690 | $ 48,000 |
| Richmond, VA | 42 | $ 6,755,000 | $ 160,833 | $ 81,000 |
| New York-White Plains-Wayne, NY-NJ | 41 | $ 12,458,000 | $ 303,853 | $ 116,000 |
| Newark-Union, NJ-PA | 40 | $ 9,833,000 | $ 245,825 | $ 100,750 |
| Columbus, GA-AL | 38 | $ 4,704,000 | $ 123,789 | $ 76,000 |
| Valdosta, GA | 37 | $ 4,342,000 | $ 117,351 | $ 74,000 |
| Mobile, AL | 33 | $ 2,962,000 | $ 89,757 | $ 47,000 |
| Columbus, OH | 32 | $ 4,418,000 | $ 138,062 | $ 72,000 |
| Jacksonville, FL | 31 | $ 5,553,000 | $ 179,129 | $ 116,000 |
| Salisbury, MD | 31 | $ 5,169,000 | $ 166,741 | $ 68,000 |
| Cincinnati-Middletown, OH-KY-IN | 30 | $ 4,457,000 | $ 148,566 | $ 100,600 |
| Pensacola-Ferry Pass-Brent, FL | 30 | $ 4,692,000 | $ 156,400 | $ 84,000 |
| Louisville-Jefferson County, KY-IN | 29 | $ 2,801,000 | $ 96,586 | $ 70,344 |
| Dallas-Plano-Irving, TX | 28 | $ 3,918,000 | $ 139,928 | $ 73,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 26 | $ 7,077,000 | $ 272,192 | $ 80,000 |
| Greensboro-High Point, NC | 25 | $ 3,027,000 | $ 121,080 | $ 61,000 |
| Gary, IN | 24 | $ 2,089,000 | $ 87,041 | $ 59,000 |
| Bethesda-Gaithersburg-Frederick, MD | 23 | $ 7,655,000 | $ 332,826 | $ 114,000 |
| Fort Worth-Arlington, TX | 23 | $ 2,339,000 | $ 101,695 | $ 84,000 |
| Seattle-Bellevue-Everett, WA | 23 | $ 5,305,000 | $ 230,652 | $ 99,000 |
| Fort Walton Beach-Crestview-Destin, FL | 21 | $ 3,717,000 | $ 177,000 | $ 106,000 |
| San Antonio, TX | 21 | $ 2,113,000 | $ 100,619 | $ 62,000 |
| Albuquerque, NM | 20 | $ 2,951,000 | $ 147,550 | $ 79,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 20 | $ 6,872,000 | $ 343,600 | $ 133,000 |
| Birmingham-Hoover, AL | 19 | $ 1,927,000 | $ 101,421 | $ 56,000 |
| Palm Bay-Melbourne-Titusville, FL | 19 | $ 3,265,000 | $ 171,842 | $ 73,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 18 | $ 2,694,000 | $ 149,666 | $ 59,000 |
| Hartford-West Hartford-East Hartford, CT | 18 | $ 3,205,000 | $ 178,055 | $ 71,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 18 | $ 8,909,000 | $ 494,944 | $ 403,000 |
| Bakersfield, CA | 17 | $ 3,614,000 | $ 212,588 | $ 85,000 |
| Baton Rouge, LA | 17 | $ 2,046,000 | $ 120,352 | $ 66,000 |
| Charleston-North Charleston, SC | 17 | $ 5,651,000 | $ 332,411 | $ 119,000 |
| Houston-Sugar Land-Baytown, TX | 17 | $ 2,256,000 | $ 132,705 | $ 74,000 |
| Milwaukee-Waukesha-West Allis, WI | 17 | $ 3,397,000 | $ 199,823 | $ 80,000 |
| Savannah, GA | 17 | $ 1,702,000 | $ 100,117 | $ 65,000 |
| Grand Rapids-Wyoming, MI | 16 | $ 2,225,000 | $ 139,062 | $ 84,000 |
| Lakeland, FL | 16 | $ 2,798,000 | $ 174,875 | $ 87,000 |
| Wilmington, DE-MD-NJ | 16 | $ 2,513,000 | $ 157,062 | $ 96,312 |
| Cape Coral-Fort Myers, FL | 15 | $ 3,650,000 | $ 243,333 | $ 87,000 |
| Kalamazoo-Portage, MI | 15 | $ 1,872,000 | $ 124,800 | $ 98,000 |
| Los Angeles-Long Beach-Glendale, CA | 15 | $ 6,980,000 | $ 465,333 | $ 228,000 |
| Nashville-Davidson--Murfreesboro, TN | 15 | $ 2,558,000 | $ 170,533 | $ 86,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 14 | $ 2,963,000 | $ 211,642 | $ 112,000 |
| Augusta-Richmond County, GA-SC | 14 | $ 1,869,000 | $ 133,500 | $ 61,857 |
| Naples-Marco Island, FL | 12 | $ 3,016,000 | $ 251,333 | $ 162,000 |
| Raleigh-Cary, NC | 12 | $ 2,257,000 | $ 188,083 | $ 122,000 |
| Springfield, IL | 12 | $ 1,001,000 | $ 83,416 | $ 57,000 |
| Austin-Round Rock, TX | 11 | $ 1,835,000 | $ 166,818 | $ 112,000 |
| Columbia, SC | 10 | $ 1,173,000 | $ 117,300 | $ 64,000 |
| Denver-Aurora, CO | 10 | $ 1,052,000 | $ 105,200 | $ 74,000 |
| Greenville, NC | 10 | $ 1,416,000 | $ 141,600 | $ 102,000 |
| Lansing-East Lansing, MI | 10 | $ 767,000 | $ 76,700 | $ 35,000 |
| Missoula, MT | 10 | $ 1,535,000 | $ 153,500 | $ 58,000 |
| Montgomery, AL | 10 | $ 989,000 | $ 98,900 | $ 46,000 |
| Ocala, FL | 10 | $ 1,176,000 | $ 117,600 | $ 162,000 |
| Pittsburgh, PA | 10 | $ 810,000 | $ 81,000 | $ 40,000 |
| Tucson, AZ | 10 | $ 1,760,000 | $ 176,000 | $ 78,000 |
| Tuscaloosa, AL | 10 | $ 1,829,000 | $ 182,900 | $ 120,000 |
| Winston-Salem, NC | 10 | $ 1,228,000 | $ 122,800 | $ 48,000 |
| Dayton, OH | 9 | $ 635,000 | $ 70,555 | $ 49,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 9 | $ 801,000 | $ 89,000 | $ 72,000 |
| Florence, SC | 9 | $ 625,000 | $ 69,444 | $ 120,000 |
| Greenville, SC | 9 | $ 996,000 | $ 110,666 | $ 79,000 |
| Fayetteville, NC | 8 | $ 641,000 | $ 80,125 | $ 66,000 |
| Flint, MI | 8 | $ 750,000 | $ 93,750 | $ 64,000 |
| Jonesboro, AR | 8 | $ 630,000 | $ 78,750 | $ 40,000 |
| Lewiston, ID-WA | 8 | $ 819,000 | $ 102,375 | $ 44,750 |
| Riverside-San Bernardino-Ontario, CA | 8 | $ 3,053,000 | $ 381,625 | $ 132,000 |
| Toledo, OH | 8 | $ 527,000 | $ 65,875 | $ 65,000 |
| Wheeling, WV-OH | 8 | $ 515,000 | $ 64,375 | $ 39,625 |
| Ann Arbor, MI | 7 | $ 1,472,000 | $ 210,285 | $ 81,000 |
| Atlantic City, NJ | 7 | $ 1,201,000 | $ 171,571 | $ 63,000 |
| Bridgeport-Stamford-Norwalk, CT | 7 | $ 2,815,000 | $ 402,142 | $ 155,000 |
| Hagerstown-Martinsburg, MD-WV | 7 | $ 1,690,000 | $ 241,428 | $ 114,285 |
| Hanford-Corcoran, CA | 7 | $ 1,145,000 | $ 163,571 | $ 66,000 |
| Jackson, MI | 7 | $ 946,000 | $ 135,142 | $ 66,000 |
| Little Rock-North Little Rock, AR | 7 | $ 614,000 | $ 87,714 | $ 43,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 7 | $ 1,629,000 | $ 232,714 | $ 83,000 |
| Muncie, IN | 7 | $ 447,000 | $ 63,857 | $ 60,000 |
| Oakland-Fremont-Hayward, CA | 7 | $ 2,904,000 | $ 414,857 | $ 142,000 |
| Port St. Lucie-Fort Pierce, FL | 7 | $ 1,359,000 | $ 194,142 | $ 83,000 |
| Spartanburg, SC | 7 | $ 1,208,000 | $ 172,571 | $ 61,000 |
| Davenport-Moline-Rock Island, IA-IL | 6 | $ 749,000 | $ 124,833 | $ 58,000 |
| Durham, NC | 6 | $ 814,000 | $ 135,666 | $ 62,000 |
| Fort Smith, AR-OK | 6 | $ 437,000 | $ 72,833 | $ 68,000 |
| Huntsville, AL | 6 | $ 916,000 | $ 152,666 | $ 70,000 |
| Lake County-Kenosha County, IL-WI | 6 | $ 876,000 | $ 146,000 | $ 91,000 |
| New Orleans-Metairie-Kenner, LA | 6 | $ 982,000 | $ 163,666 | $ 86,000 |
| Omaha-Council Bluffs, NE-IA | 6 | $ 602,000 | $ 100,333 | $ 61,000 |
| Peoria, IL | 6 | $ 336,000 | $ 56,000 | $ 37,000 |
| Portland-South Portland-Biddeford, ME | 6 | $ 1,275,000 | $ 212,500 | $ 68,000 |
| Reading, PA | 6 | $ 1,120,000 | $ 186,666 | $ 66,000 |
| Trenton-Ewing, NJ | 6 | $ 1,370,000 | $ 228,333 | $ 105,000 |
| Visalia-Porterville, CA | 6 | $ 847,000 | $ 141,166 | $ 78,000 |
| Wichita, KS | 6 | $ 568,000 | $ 94,666 | $ 54,000 |
| Akron, OH | 5 | $ 610,000 | $ 122,000 | $ 68,000 |
| Anderson, SC | 5 | $ 634,000 | $ 126,800 | $ 58,000 |
| Asheville, NC | 5 | $ 1,052,000 | $ 210,400 | $ 159,000 |
| Bloomington, IN | 5 | $ 506,000 | $ 101,200 | $ 49,000 |
| Dalton, GA | 5 | $ 653,000 | $ 130,600 | $ 52,000 |
| Gulfport-Biloxi, MS | 5 | $ 535,000 | $ 107,000 | $ 57,000 |
| Hattiesburg, MS | 5 | $ 341,000 | $ 68,200 | $ 30,000 |
| Hickory-Lenoir-Morganton, NC | 5 | $ 754,000 | $ 150,800 | $ 69,000 |
| Mansfield, OH | 5 | $ 581,000 | $ 116,200 | $ 57,000 |
| New Haven-Milford, CT | 5 | $ 846,000 | $ 169,200 | $ 52,000 |
| Pueblo, CO | 5 | $ 613,000 | $ 122,600 | $ 99,000 |
| Punta Gorda, FL | 5 | $ 1,053,000 | $ 210,600 | $ 89,000 |
| Rockford, IL | 5 | $ 368,000 | $ 73,600 | $ 44,000 |
| San Diego-Carlsbad-San Marcos, CA | 5 | $ 2,410,000 | $ 482,000 | $ 176,000 |
| Scranton--Wilkes-Barre, PA | 5 | $ 617,000 | $ 123,400 | $ 39,000 |
| York-Hanover, PA | 5 | $ 855,000 | $ 171,000 | $ 48,000 |
| Auburn-Opelika, AL | 4 | $ 492,000 | $ 123,000 | $ 152,000 |
| Cedar Rapids, IA | 4 | $ 421,000 | $ 105,250 | $ 22,000 |
| Chattanooga, TN-GA | 4 | $ 978,000 | $ 244,500 | $ 80,250 |
| Huntington-Ashland, WV-KY-OH | 4 | $ 364,000 | $ 91,000 | $ 48,000 |
| Janesville, WI | 4 | $ 395,000 | $ 98,750 | $ 38,000 |
| Knoxville, TN | 4 | $ 452,000 | $ 113,000 | $ 74,000 |
| Niles-Benton Harbor, MI | 4 | $ 372,000 | $ 93,000 | $ 57,000 |
| Norwich-New London, CT | 4 | $ 706,000 | $ 176,500 | $ 43,000 |
| Panama City-Lynn Haven, FL | 4 | $ 658,000 | $ 164,500 | $ 153,000 |
| Tulsa, OK | 4 | $ 214,000 | $ 53,500 | $ 24,000 |
| Albany, GA | 3 | $ 221,000 | $ 73,666 | $ 104,000 |
| Battle Creek, MI | 3 | $ 451,000 | $ 150,333 | $ 72,000 |
| Cleveland, TN | 3 | $ 431,000 | $ 143,666 | $ 52,000 |
| Corpus Christi, TX | 3 | $ 405,000 | $ 135,000 | $ 69,000 |
| Decatur, IL | 3 | $ 333,000 | $ 111,000 | $ 80,000 |
| Dover, DE | 3 | $ 415,000 | $ 138,333 | $ 91,000 |
| Farmington, NM | 3 | $ 612,000 | $ 204,000 | $ 148,000 |
| Houma-Bayou Cane-Thibodaux, LA | 3 | $ 265,000 | $ 88,333 | $ 59,000 |
| Iowa City, IA | 3 | $ 290,000 | $ 96,666 | $ 70,000 |
| Jackson, MS | 3 | $ 182,000 | $ 60,666 | $ 35,000 |
| Las Cruces, NM | 3 | $ 279,000 | $ 93,000 | $ 75,000 |
| Macon, GA | 3 | $ 153,000 | $ 51,000 | $ 29,000 |
| Monroe, LA | 3 | $ 323,000 | $ 107,666 | $ 62,000 |
| Monroe, MI | 3 | $ 213,000 | $ 71,000 | $ 72,000 |
| Oklahoma City, OK | 3 | $ 211,000 | $ 70,333 | $ 33,000 |
| Parkersburg-Marietta-Vienna, WV-OH | 3 | $ 306,000 | $ 102,000 | $ 65,000 |
| Providence-New Bedford-Fall River, RI-MA | 3 | $ 973,000 | $ 324,333 | $ 125,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 3 | $ 1,169,000 | $ 389,666 | $ 92,000 |
| Santa Ana-Anaheim-Irvine, CA | 3 | $ 1,504,000 | $ 501,333 | $ 232,000 |
| Sebastian-Vero Beach, FL | 3 | $ 382,000 | $ 127,333 | $ 61,000 |
| Sioux City, IA-NE-SD | 3 | $ 352,000 | $ 117,333 | $ 56,000 |
| South Bend-Mishawaka, IN-MI | 3 | $ 329,000 | $ 109,666 | $ 73,000 |
| Tallahassee, FL | 3 | $ 302,000 | $ 100,666 | $ 100,000 |
| Terre Haute, IN | 3 | $ 216,000 | $ 72,000 | $ 32,000 |
| Warner Robins, GA | 3 | $ 458,000 | $ 152,666 | $ 82,000 |
| Youngstown-Warren-Boardman, OH-PA | 3 | $ 329,000 | $ 109,666 | $ 28,666 |
| Billings, MT | 2 | $ 246,000 | $ 123,000 | $ 47,000 |
| Blacksburg-Christiansburg-Radford, VA | 2 | $ 245,000 | $ 122,500 | $ 12,000 |
| Boise City-Nampa, ID | 2 | $ 412,000 | $ 206,000 | $ 29,000 |
| Coeur D'Alene, ID | 2 | $ 266,000 | $ 133,000 | $ 120,000 |
| Columbia, MO | 2 | $ 334,000 | $ 167,000 | $ 76,000 |
| Dothan, AL | 2 | $ 85,000 | $ 42,500 | $ 91,000 |
| Duluth, MN-WI | 2 | $ 187,000 | $ 93,500 | $ 36,000 |
| Evansville, IN-KY | 2 | $ 135,000 | $ 67,500 | $ 0 |
| Fresno, CA | 2 | $ 446,000 | $ 223,000 | $ 68,000 |
| Hinesville-Fort Stewart, GA | 2 | $ 166,000 | $ 83,000 | $ 55,000 |
| Honolulu, HI | 2 | $ 1,462,000 | $ 731,000 | $ 258,000 |
| Hot Springs, AR | 2 | $ 195,000 | $ 97,500 | $ 85,000 |
| Las Vegas-Paradise, NV | 2 | $ 1,024,000 | $ 512,000 | $ 50,000 |
| Lebanon, PA | 2 | $ 352,000 | $ 176,000 | $ 48,000 |
| Lincoln, NE | 2 | $ 159,000 | $ 79,500 | $ 78,000 |
| Longview, WA | 2 | $ 350,000 | $ 175,000 | $ 66,000 |
| Lubbock, TX | 2 | $ 193,000 | $ 96,500 | $ 71,000 |
| Merced, CA | 2 | $ 585,000 | $ 292,500 | $ 92,000 |
| Pascagoula, MS | 2 | $ 130,000 | $ 65,000 | $ 82,000 |
| Racine, WI | 2 | $ 175,000 | $ 87,500 | $ 62,000 |
| Saginaw-Saginaw Township North, MI | 2 | $ 96,000 | $ 48,000 | $ 63,000 |
| Salt Lake City, UT | 2 | $ 720,000 | $ 360,000 | $ 213,000 |
| Springfield, MO | 2 | $ 268,000 | $ 134,000 | $ 64,000 |
| St. George, UT | 2 | $ 1,494,000 | $ 747,000 | $ 360,000 |
| Tacoma, WA | 2 | $ 305,000 | $ 152,500 | $ 68,000 |
| Vineland-Millville-Bridgeton, NJ | 2 | $ 256,000 | $ 128,000 | $ 44,000 |
| Wilmington, NC | 2 | $ 241,000 | $ 120,500 | $ 60,000 |
| Altoona, PA | 1 | $ 82,000 | $ 82,000 | $ 30,000 |
| Anchorage, AK | 1 | $ 400,000 | $ 400,000 | $ 120,000 |
| Anderson, IN | 1 | $ 82,000 | $ 82,000 | $ 41,000 |
| Anniston-Oxford, AL | 1 | $ 125,000 | $ 125,000 | $ 61,000 |
| Bay City, MI | 1 | $ 140,000 | $ 140,000 | $ 119,000 |
| Beaumont-Port Arthur, TX | 1 | $ 185,000 | $ 185,000 | $ 91,000 |
| Bismarck, ND | 1 | $ 168,000 | $ 168,000 | $ 55,000 |
| Bowling Green, KY | 1 | $ 273,000 | $ 273,000 | $ 0 |
| Bremerton-Silverdale, WA | 1 | $ 375,000 | $ 375,000 | $ 101,000 |
| Brunswick, GA | 1 | $ 164,000 | $ 164,000 | $ 97,000 |
| Charleston, WV | 1 | $ 78,000 | $ 78,000 | $ 26,000 |
| Charlottesville, VA | 1 | $ 130,000 | $ 130,000 | $ 76,000 |
| Clarksville, TN-KY | 1 | $ 59,000 | $ 59,000 | $ 82,000 |
| Danville, VA | 1 | $ 78,000 | $ 78,000 | $ 80,000 |
| Des Moines-West Des Moines, IA | 1 | $ 80,000 | $ 80,000 | $ 30,000 |
| Dubuque, IA | 1 | $ 61,000 | $ 61,000 | $ 24,000 |
| El Paso, TX | 1 | $ 81,000 | $ 81,000 | $ 31,000 |
| Elkhart-Goshen, IN | 1 | $ 69,000 | $ 69,000 | $ 286,000 |
| Erie, PA | 1 | $ 133,000 | $ 133,000 | $ 92,000 |
| Fargo, ND-MN | 1 | $ 129,000 | $ 129,000 | $ 300,000 |
| Flagstaff, AZ | 1 | $ 298,000 | $ 298,000 | $ 64,000 |
| Florence-Muscle Shoals, AL | 1 | $ 101,000 | $ 101,000 | $ 105,000 |
| Fond Du Lac, WI | 1 | $ 231,000 | $ 231,000 | $ 60,000 |
| Great Falls, MT | 1 | $ 146,000 | $ 146,000 | $ 78,000 |
| Harrisburg-Carlisle, PA | 1 | $ 134,000 | $ 134,000 | $ 53,000 |
| Jackson, TN | 1 | $ 359,000 | $ 359,000 | $ 85,000 |
| Jefferson City, MO | 1 | $ 199,000 | $ 199,000 | $ 78,000 |
| Kennewick-Richland-Pasco, WA | 1 | $ 77,000 | $ 77,000 | $ 32,000 |
| Killeen-Temple-Fort Hood, TX | 1 | $ 141,000 | $ 141,000 | $ 44,000 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 53,000 | $ 53,000 | $ 48,000 |
| Kokomo, IN | 1 | $ 100,000 | $ 100,000 | $ 51,000 |
| Lake Charles, LA | 1 | $ 84,000 | $ 84,000 | $ 20,000 |
| Lancaster, PA | 1 | $ 62,000 | $ 62,000 | $ 55,000 |
| Laredo, TX | 1 | $ 125,000 | $ 125,000 | $ 59,000 |
| Lawton, OK | 1 | $ 67,000 | $ 67,000 | $ 25,000 |
| Lewiston-Auburn, ME | 1 | $ 147,000 | $ 147,000 | $ 58,000 |
| Lynchburg, VA | 1 | $ 121,000 | $ 121,000 | $ 32,000 |
| Madison, WI | 1 | $ 283,000 | $ 283,000 | $ 65,000 |
| Manchester-Nashua, NH | 1 | $ 557,000 | $ 557,000 | $ 139,000 |
| Morgantown, WV | 1 | $ 190,000 | $ 190,000 | $ 108,000 |
| Morristown, TN | 1 | $ 118,000 | $ 118,000 | $ 26,000 |
| Muskegon-Norton Shores, MI | 1 | $ 160,000 | $ 160,000 | $ 90,000 |
| Ocean City, NJ | 1 | $ 228,000 | $ 228,000 | $ 95,000 |
| Ogden-Clearfield, UT | 1 | $ 236,000 | $ 236,000 | $ 80,000 |
| Portland-Vancouver-Beaverton, OR-WA | 1 | $ 208,000 | $ 208,000 | $ 58,000 |
| Rapid City, SD | 1 | $ 171,000 | $ 171,000 | $ 72,000 |
| Rocky Mount, NC | 1 | $ 115,000 | $ 115,000 | $ 69,000 |
| Rome, GA | 1 | $ 320,000 | $ 320,000 | $ 205,000 |
| San Francisco-San Mateo-Redwood City, CA | 1 | $ 620,000 | $ 620,000 | $ 100,000 |
| San Luis Obispo-Paso Robles, CA | 1 | $ 264,000 | $ 264,000 | $ 90,000 |
| Santa Barbara-Santa Maria, CA | 1 | $ 435,000 | $ 435,000 | $ 208,000 |
| Santa Fe, NM | 1 | $ 333,000 | $ 333,000 | $ 102,000 |
| Santa Rosa-Petaluma, CA | 1 | $ 455,000 | $ 455,000 | $ 163,000 |
| Shreveport-Bossier City, LA | 1 | $ 139,000 | $ 139,000 | $ 25,000 |
| Spokane, WA | 1 | $ 165,000 | $ 165,000 | $ 112,000 |
| Stockton, CA | 1 | $ 225,000 | $ 225,000 | $ 80,000 |
| Topeka, KS | 1 | $ 140,000 | $ 140,000 | $ 83,000 |
| Wichita Falls, TX | 1 | $ 105,000 | $ 105,000 | $ 44,000 |
| Winchester, VA-WV | 1 | $ 272,000 | $ 272,000 | $ 0 |
| Yakima, WA | 1 | $ 86,000 | $ 86,000 | $ 126,000 |
| Yuma, AZ | 1 | $ 157,000 | $ 157,000 | $ 62,000 |
Mortgage Loan Application Detail Totals for Challenge Financial Investors in 2006
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 2,346 | $443,144,000 | $188,000 | $3,015,000 | $84,000 | $2,000,000 |
| Home Purchase | 2,023 | $305,071,000 | $150,000 | $1,365,000 | $85,000 | $1,141,000 |
| Home Improvement | 1 | $75,000 | $75,000 | $75,000 | $36,000 | $36,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 1,721 | $309,672,000 | $179,000 | $3,015,000 | $93,000 | $2,000,000 |
| Black or African American | 1,466 | $223,381,000 | $152,000 | $1,000,000 | $79,000 | $1,902,000 |
| Not Provided | 762 | $135,076,000 | $177,000 | $1,330,000 | $79,000 | $1,128,000 |
| Hispanic | 327 | $60,788,000 | $185,000 | $919,000 | $81,000 | $450,000 |
| Asian | 65 | $12,868,000 | $197,000 | $1,000,000 | $80,000 | $321,000 |
| Native Hawaiian or Other Pacific Islander | 19 | $4,128,000 | $217,000 | $485,000 | $85,000 | $195,000 |
| American Indian or Alaskan Native | 10 | $2,377,000 | $237,000 | $623,000 | $95,000 | $347,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 4,310 | $737,399,000 | $171,000 | $3,015,000 | $85,000 | $2,000,000 |
| VA-guaranteed (Veterans Administration) | 56 | $10,234,000 | $182,000 | $386,000 | $67,000 | $182,000 |
| FHA-insured (Federal Housing Administration) | 2 | $408,000 | $204,000 | $223,000 | $72,000 | $75,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $249,000 | $124,000 | $199,000 | $72,000 | $72,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 2,471 | $397,648,000 | $160,000 | $1,343,000 | $81,000 | $1,938,000 |
| File Closed For Incompleteness | 1,648 | $305,916,000 | $185,000 | $3,015,000 | $88,000 | $2,000,000 |
| Application Withdrawn By Applicant | 182 | $30,324,000 | $166,000 | $630,000 | $94,000 | $900,000 |
| Application Approved But Not Accepted | 35 | $6,534,000 | $186,000 | $919,000 | $91,000 | $300,000 |
| Application Denied By Financial Institution | 34 | $7,868,000 | $231,000 | $2,500,000 | $100,000 | $960,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 8 | $822,000 | $102,000 | $183,000 | $58,000 | $88,000 |
| Other | 5 | $580,000 | $116,000 | $243,000 | $57,000 | $118,000 |
| Credit History | 4 | $1,213,000 | $303,000 | $900,000 | $167,000 | $282,000 |
| Unverifiable Information | 1 | $61,000 | $61,000 | $61,000 | $69,000 | $69,000 |
| Collateral | 1 | $188,000 | $188,000 | $188,000 | $165,000 | $165,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Challenge Financial Investors's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Challenge Financial Investors's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Florida, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About